Policy reforms required to bring about better convergence of schemes Streamlining of environment clearance for infrastructure projects suggested Higher farm sector share in economic development needed The Economic Survey 2010-11 has advised the government to carry out nearly a dozen reforms pertaining to various sectors of the economy and stressed that action in this regard would be necessary to achieve the 9 per cent GDP (gross domestic product) expansion projected for 2011-12 and...

When it came to power in May 2009, some ministers in the UPA government had set themselves a deadline of 100 days to show results. But one year and nine-odd months later, the report card of its flagship programmes in nine states hit by Maoism is dismal. Much of the money allocated has gone unspent, according to the “performance study” the Planning Commission conducted in these states and submitted to...

Haryana has distributed Rs 9,834.73 crore from March 2005 to March 2010 to the farmers for the land acquired by Haryana Urban Development Authority (16,362 acre), Haryana State Infrastructure and Industrial Development Corporation (19,868 acre), Public Works Department - Building and Roads (386 acre) and Irrigation department (6,618 acre). Talking to media, Haryana Chief Minister Bhupinder Singh Hooda said, the average compensation comes to be Rs 22,74,000 per acre that...

Bihar will roll out unique identification numbers for "aam aadmi" -- beneficiaries of social sector schemes -- within 35-36 months. The move will help in curbing pilferage and corruption. The decision was taken at a meeting of Planning Commission deputy chairman Montek Singh Ahluwalia with Bihar chief minister Nitish Kumar. The Commission has finalised Rs 24,000 crore plan size for the state for next fiscal. Kumar cited that the plan size was...

THE WORLD BANK IN INDIA - Undermining Sovereignty, Distorting Development: Edited by Michele Kelley, Deepika D'Souza; Orient Blackswan, 3-6-752, Himayatnagar, Hyderabad-500029. Rs. 895. This book is a collection of essays covering an array of economic issues ranging from agriculture, poverty, food security, power, water, to governance, environment impact and sustainability of growth, and the impact of the World Bank on them. Even a cursory reading would show that it is a...